Simplex Trading LLC Grows Position in iShares Select Dividend ETF $DVY

Simplex Trading LLC raised its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 58.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,870 shares of the company’s stock after acquiring an additional 1,057 shares during the quarter. Simplex Trading LLC’s holdings in iShares Select Dividend ETF were worth $381,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. IMA Advisory Services Inc. purchased a new stake in iShares Select Dividend ETF during the first quarter worth about $34,000. Cypress Capital Management LLC WY acquired a new stake in shares of iShares Select Dividend ETF during the 1st quarter valued at approximately $35,000. Creative Capital Management Investments LLC boosted its stake in shares of iShares Select Dividend ETF by 82.1% during the 2nd quarter. Creative Capital Management Investments LLC now owns 459 shares of the company’s stock worth $61,000 after acquiring an additional 207 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new stake in shares of iShares Select Dividend ETF in the 1st quarter worth approximately $64,000. Finally, Millstone Evans Group LLC increased its stake in iShares Select Dividend ETF by 89.4% in the 1st quarter. Millstone Evans Group LLC now owns 517 shares of the company’s stock valued at $69,000 after purchasing an additional 244 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of DVY stock opened at $142.08 on Thursday. The stock has a fifty day moving average price of $140.88 and a 200 day moving average price of $136.56. The stock has a market cap of $20.80 billion, a PE ratio of 13.69 and a beta of 0.77. iShares Select Dividend ETF has a 1 year low of $115.94 and a 1 year high of $144.09.

iShares Select Dividend ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were given a $1.2465 dividend. The ex-dividend date was Tuesday, September 16th. This represents a $4.99 annualized dividend and a dividend yield of 3.5%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23.

iShares Select Dividend ETF Profile

iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.